Hints and tips:
Related Special Reports
...JPMorgan Chase chief executive Jamie Dimon had a one-on-one lunch at the White House last week with vice-president Kamala Harris, according to people familiar with the matter....
...Under the terms of JPMorgan’s investment in Viva, the bank can take full control of the fintech if its value is below €5bn in June 2025. The bank has a 48.5 per cent stake in Viva....
...JPMorgan Chase spent about a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company, as the largest US bank pursued ways to get control...
...“Just as a very limited number of stocks were responsible for the majority of gains in the MSCI USA, drawdowns in the Top 10 could pull equity markets down with them.”...
...Listening to a recent FT Behind the Money podcast about JPMorgan Chase, however, made me wonder if banks might not be the most interesting and perhaps even the most extreme example of that dynamic....
...This could force refiners to chase the lowest-cost raw materials, often produced in China....
...Despite being the number six US bank by size, it only has a sixth of JPMs assets. It is still basically a regional bank, albeit a big one....
...But banks led by JPMorgan Chase lobbied hard to underwrite a financing over the past four months....
...In addition, central banks have mopped up a further $155bn of gold as the likes of the People’s Bank of China have increasingly favoured the metal for their foreign exchange reserves....
...It’s definitely growing, as Bank of America points out in a recent note....
...The challenge of turning this motley crew into a usable acronym meant that O’Neill simply called them the N-11....
...At JPMorgan Chase, investment banking head Vis Raghavan regularly told recruits, “You’re either reading the news or making the news.”...
...Raghavan, 57, is a 23-year veteran of JPMorgan Chase, the largest investment bank globally, and had been promoted to sole head of investment banking last month....
...This is something the central bank could conceivably act on in March....
...The bank’s burst of friendly fire comes just a few weeks after the Bank for International Settlements became the latest to flag that the explosion of option-based investment funds may be contributing to...
...It’s been a year since Silicon Valley Bank’s collapse left everyone worried that the US’s banking sector sat on shaky ground. Despite that turmoil, one bank stands out: JPMorgan Chase....
...JPMorgan Chase chief executive Jamie Dimon hit out again at a variety of proposed new US bank regulations, telling lawmakers that the rules risked hurting low-income customers and would add more risks to...
...The writer is a former investment banker and author of ‘Power Failure: The Rise and Fall of an American Icon’ JPMorgan Chase announced recently that the bank, under its gifted chief executive Jamie Dimon...
...Rival British bank Lloyds requires staff to be in only twice a week....
...JPMorgan Chase captured almost a fifth of all US bank profits in the first nine months of 2023, capitalising on a year of turmoil for the country’s financial sector to emerge even more dominant....
...In 2023, JPMorgan Chase, the US’s biggest bank, had the most profitable year of any bank ever — earning nearly $50bn in net income and just used part of that profit to increase the bank’s dividend to shareholders...
...JPMorgan Chase paid longtime chief executive Jamie Dimon $36mn for 2023, up about 4 per cent from the previous year and his largest remuneration at the US bank....
...JPMorgan Chase reported record profits for 2023 and struck a comparatively bullish tone for the year ahead, widening the gulf between America’s biggest bank and its three closest rivals....
...“JPMorgan Chase is stronger today than it has ever been, and this is thanks to our hundreds of thousands of employees and our superb senior management team,” Dimon said in a statement announcing the changes...
...Bank of America cut the compensation of its top executive Brian Moyniahn by 3 per cent, or $1mn to $29mn in 2023, a year when the company’s bottom line shrunk and its stock lagged rivals....
International Edition